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IMF Sees Higher Growth, Warns of Risks

ID

507292

DESCRIPTION

Washington, DC – April 17, 2018

1. Wide IMF officials before briefing on World Economic Outlook2. Close photographers during briefing 3. SOUNDBITE: (English) Maury Obstfeld, Research Department Director, International Monetary Fund (IMF):“The current cyclical upswing offers policymakers an ideal opportunity to make longer-term growth stronger, more resilient and more inclusive. The present good times will not last for long, but sound policies can extend the current upswing while reducing the risks of a disruptive unwinding.”4. Wide journalists during briefing5. SOUNDBITE: (English) Maury Obstfeld, Research Department Director, International Monetary Fund (IMF)“Our strong message at this meeting is, there’s a multilateral system, let’s use it. Let’s proceed in a collaborative way, rather than a conflictual way because that will ultimately be in everyone’s interest. There’s not going to be any winners coming out of a trade war.” 6. Close journalist asking question at briefing7. SOUNDBITE: (English) Maury Obstfeld, Research Department Director, International Monetary Fund (IMF):“There are also some plans afoot to further open China’s financial sector to foreign investment. We think that’s very positive, not only from the standpoint of increasing competition but from the standpoint of opening the economy more generally to international trade, which is something that we think would go far to improve the efficiency of the global trading system and to defuse some of the current trade tensions.” 8. Mid journalists9. Wide IMF officials at end of briefing

SHOTLIST

Washington, DC – April 17, 2018

1. Wide IMF officials before briefing on World Economic Outlook2. Close photographers during briefing 3. SOUNDBITE: (English) Maury Obstfeld, Research Department Director, International Monetary Fund (IMF):“The current cyclical upswing offers policymakers an ideal opportunity to make longer-term growth stronger, more resilient and more inclusive. The present good times will not last for long, but sound policies can extend the current upswing while reducing the risks of a disruptive unwinding.”4. Wide journalists during briefing5. SOUNDBITE: (English) Maury Obstfeld, Research Department Director, International Monetary Fund (IMF)“Our strong message at this meeting is, there’s a multilateral system, let’s use it. Let’s proceed in a collaborative way, rather than a conflictual way because that will ultimately be in everyone’s interest. There’s not going to be any winners coming out of a trade war.” 6. Close journalist asking question at briefing7. SOUNDBITE: (English) Maury Obstfeld, Research Department Director, International Monetary Fund (IMF):“There are also some plans afoot to further open China’s financial sector to foreign investment. We think that’s very positive, not only from the standpoint of increasing competition but from the standpoint of opening the economy more generally to international trade, which is something that we think would go far to improve the efficiency of the global trading system and to defuse some of the current trade tensions.” 8. Mid journalists9. Wide IMF officials at end of briefing